Eliminate the Centre's revenue deficit in five years
“commitment to eliminating the revenue deficit of the central government in five years time”
HAWA HAWAIBroken
The verdict
The FRBM target for eliminating the revenue deficit was postponed to 31 March 2009, then suspended in 2009 after the financial crisis. The deficit was 1.1% of GDP in 2007-08 and the zero target was not met.
Rule applied: Broken: abandoned, reversed or officially dropped → 0
Implied deadline (end of term): 22 May 2009Confidence: mediumAI draft · review pending
0/10
Evidence timeline
- Other31 Mar 2009· WikipediasupportsFiscal Responsibility and Budget Management Act, 2003 ↗
“Revenue-deficit elimination date postponed to 31 March 2009; targets "initially postponed and subsequently suspended in 2009" after the 2008 financial crisis; revenue deficit 1.1% of GDP in 2007-08.”
More economy promises from this manifesto
Sustain 8-10% annual economic growth for over a decade
AADHA ADHURAPartially kept6/10
Glass aadha bhara hai. Ya aadha khaali. Depends kaun puch raha hai.
Keep industry growth at no less than 10% a year
AADHA ADHURAPartially kept6/10
Glass aadha bhara hai. Ya aadha khaali. Depends kaun puch raha hai.
Broaden and deepen economic reforms
GOL GOL BAATEINNot scorable
Gol gol baatein detected. Measure karne ke liye kuch nahi mila.
Promise ID inc-ls-2004-015 · drafted 4 Oct 2026 by research-agent · JSON